Greg Ip: History and economics show that when an input such as energy, communication or calculation becomes cheaper, we find many more uses for it. Some jobs become superfluous, but others more valuable, and brand new ones spring into existence. Why should AI be different?
Steven Lubar, Infoculture: “[With the introduction of new managerial technologies and methods such as filing systems] between 1870 and 1940 the fraction of Americans in clerical jobs jumped from 1 percent to 10 percent.”
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Nice chart. And illustrates the dramatic changes and in productivity since the introduction of the PC and basic apps.